DDR Corp. (NYSE:DDR) Files An 8-K Results of Operations and Financial ConditionItem 2.02 Results of Operations and Financial Condition.
On July26, 2017, DDR Corp. (the “Company”) issued a quarterly financial supplement containing financial and property information of the Company (“Quarterly Supplement”) for the three and six months ended June30, 2017, which includes a News Release containing financial results of the Company and announcement of a webcast presentation. A copy of the Company’s Quarterly Financial Supplement dated June30, 2017, is attached hereto as Exhibit 99.1 and a copy of the webcast presentation is furnished as Exhibit 99.2 to this report, both of which are incorporated herein by reference. This information shall not be deemed to be “filed” for the purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933 (the “Securities Act”) or the Exchange Act, except as shall be set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
|
Exhibit No. |
Description |
| 99.1 | Quarterly financial supplement dated as of June30, 2017. |
| 99.2 | Webcast presentation dated as of July26, 2017. |
DDR CORP ExhibitEX-99.1 2 d430910dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 DDR Corp. Table of Contents Section Page Earnings Release & Financial Statements Press Release 1–7 Company Summary Portfolio Summary 8 Capital Structure 9 Same Store Metrics 10 Leasing Summary 11 Top 50 Tenants 12 Lease Expirations 13 Investments Developments/Redevelopments 14 Transactions 15 Debt Summary Debt Summary 16 Consolidated Debt Detail 17–18 Unconsolidated Debt Detail 19–20 Debt/Adjusted EBITDA 21 Unconsolidated Joint Ventures Unconsolidated Joint Ventures 22–23 Reporting Policies and Other Notable Accounting and Supplemental Policies 24–25 Non-GAAP Measures and Reconciliations 26–29 Leasing Metrics for Wholly-Owned and Joint Ventures at 100% 30–33 Property List 34–40 DDR considers portions of this information to be forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934,…To view the full exhibit click here
About DDR Corp. (NYSE:DDR)
DDR Corp. is a self-administered and self-managed real estate investment trust (REIT). The Company operates through two segments: shopping centers and loan investments. The Company is in the business of acquiring, owning, developing, redeveloping, expanding, leasing and managing shopping centers. In addition, it engages in the origination and acquisition of loans and debt securities, which are generally collateralized directly or indirectly by shopping centers. It owns and manages approximately 110 million total square feet of gross leasable area (GLA). The properties include discounters, warehouse clubs, dollar stores and specialty grocers as additional anchors or tenants. It leases approximately 10 million square feet, including over 510 new leases and approximately 810 renewals for over 1,330 leases. The Company’s portfolio consists of over 350 shopping centers and over 1,000 acres of undeveloped land. The shopping centers are located in over 40 states, as well as Puerto Rico.
